CFTC Orders Golden Agri International Pte Ltd. To Pay $150,000 For Failing To Report Cash Positions

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Golden Agri International Pte Ltd. (Golden Agri), an entity that operates as a processor and trader of crude palm oil, which it hedges with soybean oil futures contracts, for failing to file CFTC Form 204 Reports as required by CFTC Regulation 19.01. Golden Agri is a private limited company formed in Singapore and is a wholly-owned subsidiary of Golden Agri-Resources Ltd. located in Indonesia.